LONDON_CAPITAL_LETTINGS_L - Accounts

LONDON CAPITAL LETTINGS LIMITED - Company Information

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Company Registration No. 04147722 (England and Wales)

LONDON CAPITAL LETTINGS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

Richard Anthony

Chartered Accountants

LONDON CAPITAL LETTINGS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

LONDON CAPITAL LETTINGS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

359,893

1,397,996

Current assets

Stocks

825,969

Debtors

126,051

137,251

Cash at bank and in hand

25,634

15,950

977,654

153,201

Creditors: amounts falling due within one year

(176,987)

(424,232)

Net current assets/(liabilities)

800,667

(271,031)

Total assets less current liabilities

1,160,560

1,126,965

Creditors: amounts falling due after more than one year

(357,628)

802,932

769,337

Capital and reserves

Called up share capital

Profit and loss account

802,930

769,335

Shareholders' funds

802,932

769,337

For the financial year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 27 February 2017

N Zambakides Esq

Director

Company Registration No. 04147722

LONDON CAPITAL LETTINGS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

15% reducing balance

Fixed assets

Tangible assets

Cost

At 1 October 2014

1,402,332

Disposals

(1,038,009)

At 30 September 2015

364,323

Depreciation

At 1 October 2014

4,336

Charge for the year

At 30 September 2015

4,430

Net book value

At 30 September 2015

359,893

At 30 September 2014

1,397,996

Share capital

2015

2014

Allotted, called up and fully paid

2 Ordinary Share of £1 each